First Personal Bankruptcy in Croatia Declared – Total Croatia News

An unsuccessful entrepreneur from Krapina is the first person in Croatia which has declared personal bankruptcy. Three months after starting proceedings for personal bankruptcy, the Municipal Court in Zlatar officially confirmed the first personal bankruptcy in Croatia, which was filed by a 51-year-old former businesswoman from Krapina. Based on data, the court concluded that pension…

Will personal insolvency resolution now be easier? – Livemint – Livemint

New Delhi: Personal insolvency cases under The Insolvency and Bankruptcy code 2016 will be handled by Debt Recovery Tribunals (DRTs). For an insolvency sum greater than Rs1,000, the cases will be moved out of civil courts to the special tribunals. How has the personal insolvency scenario changed? The Insolvency and Bankruptcy code 2016 completely overhauled…